Amount$700M
SeriesPrivate Equity Round
AnnouncedDec 17, 2020
SectorHealth Tech
Sub-sectorMachine Learning
RegionUSA
Strong
A strong, well-structured round.
Round size vs peers
Larger than the typical Private Equity Round round (2.8×).
Syndicate size
Healthy syndicate of 3 investors.
Insider conviction
3 existing investors re-upped — insiders doubling down.
Investor track record
Mostly newer or unproven managers.
Heuristic read of round size vs peers, syndicate size, insider conviction, and investor track record. Not investment advice.
vs. Private Equity Round rounds (7)
Round size distribution71th pct
smaller Private Equity Round roundslarger
